Accredited Income Property Investment Specialist (AIPIS)

Chris Porter is coauthor of the new book Big Shifts Ahead, and VP and Chief Demographer at John Burns Real Estate Consulting. Jason Hartman talks with Chris about how demographic issues can impact the real estate market, the economy, and business cycles.

Key Takeaways:

[2:15] Exploring Chris' new book: Big Shifts Ahead: Demographic Clarity for Businesses.

[4:47] Generational nicknames given to generations based on the shifts they ushered in.

[13:20] The new generation is probably going to behave like their grandparents rather than their parents

[14:16] The housing market is about to experience shadow demand

[16:35] A third of all population growth in the US can be attributed to immigration

[18:51] John Burns Real Estate consulting believes home ownership, over the next decade, will fall below 61%

[22:17] Business relocation incentives in the south are enticing

[23:52] Differentiating between urban, suburban, and rural communities.

[28:26] How to bring the best of the urban settings to stereotypically suburban environments.

Websites:

https://www.realestateconsulting.com
https://www.bigshiftsahead.com

Jason Hartman talks with Nathan Miller, the founder of Rentec Direct. Rentec Direct is a client-focused program designed for investors with 2-20 income properties. The tool allows you to have a website, auto draft rent payments, full bank, property and tenant ledger, tenant screening, publish vacancies to sites like Craigslist, online file management, and more.

Key Takeaways:

[1:57] Why Rentec is designed for investors with 2-20 properties.

[3:56] The primary purpose of Rentec is to make the real estate investors life easier

[9:06] All screening for tenants is done by Trans-Union

[14:03] For 20% more you can use Rentec PM and have an owner/investors portal

[18:32] How is Rentec Direct different from similar platforms?

[24:07] Rentec Direct offers a live chat support function

Website:

https://www.rentecdirect.com https://cozy.co

Jason Hartman talks with Nathan Miller, the founder of Rentec Direct. Rentec Direct is a client-focused program designed for investors with 2-20 income properties. The tool allows you to have a website, auto draft rent payments, full bank, property and tenant ledger, tenant screening, publish vacancies to sites like Craigslist, online file management, and more.

Key Takeaways:

[1:57] Why Rentec is designed for investors with 2-20 properties.

[3:56] The primary purpose of Rentec is to make the real estate investors life easier

[9:06] All screening for tenants is done by Trans-Union

[14:03] For 20% more you can use Rentec PM and have an owner/investors portal

[18:32] How is Rentec Direct different from similar platforms?

[24:07] Rentec Direct offers a live chat support function

Website:

https://www.rentecdirect.com
https://cozy.co

Jason Hartman talks with Ed Conard, economist, and founding partner, with Mitt Romney, of Bain Capital. Conard wrote the New York Times Bestselling book Unintended Consequences: Why Everything You've Been Told About the Economy is Wrong and his soon to be released book, The Upside of Inequality: How Good Intentions Undermine the Middle Class. The two discuss the misunderstandings on CEO pay, why the technology sector is doing so well, and how current regulations tend to benefit the big players in the market.

Key Takeaways:

[1:28] Ed discusses his time at Bain Capital with Mitt Romney, when they experienced enormous growth.

[3:30] Clients of Bain Capital were given the opportunity to invest in capital investment and management supervision related opportunities.

[5:07] The company also utilized a higher risk strategy, which allowed them to take advantage of investment opportunities of undervalued assets.

[7:21] The Upside of Inequality delves into American workers productivity

[12:18] The US economy is accelerating and we don't see a stagnant Fortune 400, which means companies aren't just negotiating for a bigger piece of the pie

[14:47] While the headlines make it seem ridiculous, CEO pay may not be quite as outrageous as it appears

[19:36] Tech companies pay less taxes and have lax regulation, especially when compared to other sectors, who have to continuously look for loopholes to give get a competitive advantage.

[21:22] The rise of profitability in the tech sector has been extraordinary.

[22:23] The economy is squeezing the profitability out of every most other sectors.

[24:45] Properly trained talent and a willingness to take risk are the binding constraints to growth in this new economy.

Website:

http://www.edwardconard.com https://twitter.com/edwardconard

Jason Hartman talks with Ed Conard, economist, and founding partner, with Mitt Romney, of Bain Capital. Conard wrote the New York Times Bestselling book Unintended Consequences: Why Everything You’ve Been Told About the Economy is Wrong and his soon to be released book, The Upside of Inequality: How Good Intentions Undermine the Middle Class. The two discuss the misunderstandings on CEO pay, why the technology sector is doing so well, and how current regulations tend to benefit the big players in the market.

Key Takeaways:

[1:28] Ed discusses his time at Bain Capital with Mitt Romney, when they experienced enormous growth.

[3:30] Clients of Bain Capital were given the opportunity to invest in capital investment and management supervision related opportunities.

[5:07] The company also utilized a higher risk strategy, which allowed them to take advantage of investment opportunities of undervalued assets.

[7:21] The Upside of Inequality delves into American workers productivity

[12:18] The US economy is accelerating and we don't see a stagnant Fortune 400, which means companies aren't just negotiating for a bigger piece of the pie

[14:47] While the headlines make it seem ridiculous, CEO pay may not be quite as outrageous as it appears

[19:36] Tech companies pay less taxes and have lax regulation, especially when compared to other sectors, who have to continuously look for loopholes to give get a competitive advantage.

[21:22] The rise of profitability in the tech sector has been extraordinary.

[22:23] The economy is squeezing the profitability out of every most other sectors.

[24:45] Properly trained talent and a willingness to take risk are the binding constraints to growth in this new economy.

Website:

http://www.edwardconard.com
https://twitter.com/edwardconard

Jason Hartman talks with James Adams, former Waffle House employee and analyst. His new book, Waffle Street: The Confessions & Rehabilitation of a Financier, tells the inside story of working on Wall Street during the housing market crash. After exiting the scam that is Wall Street, he got a job at Waffle House, and spawned his book, now movie starring Danny Glover. James explains the central banking system in terms of loans and debt, the issues created by printing more and more money, and cautions us about which major nation might be the first to collapse in the NEXT crisis.

Key Takeaways:

[1:25] James' original title for the book

[5:02] While some areas of the book are dramatized, the crisis was on a bigger scale than anyone could imagine.

[6:25] Haphazard underwriting and an improbable US housing decline made many US financial institutions to reassure clients until the crash happened

[9:23] The ripple effects of leverage because of how out of whack rent to home price ratios were

[12:05] James fears the treasury balance sheets of G8 countries could be the cause for another meltdown.

[14:23] Central banks are creating electronic liabilities.

[16:10] What needs to be done to the banks before we can even begin to solve our underlying problems

[21:59] Printing money works until it doesn't

[22:38] Japan has many factors that are working against their long term success

[23:58] Are options on Japanese debt a good idea?

[26:05] The Waffle Street film is trending well on Netflix and is experiencing good distribution.

[27:10] James has another movie and works as a Senior Research Analyst

Website:

http://www.wafflestreetmovie.com https://twitter.com/wafflestmovie

"It's the layer upon layer of leverage which creates instability in the housing market."

Jason Hartman talks with James Adams, former Waffle House employee and analyst. His new book, Waffle Street: The Confessions & Rehabilitation of a Financier, tells the inside story of working on Wall Street during the housing market crash. After exiting the scam that is Wall Street, he got a job at Waffle House, and spawned his book, now movie starring Danny Glover. James explains the central banking system in terms of loans and debt, the issues created by printing more and more money, and cautions us about which major nation might be the first to collapse in the NEXT crisis.

Key Takeaways:

[1:25] James' original title for the book

[5:02] While some areas of the book are dramatized, the crisis was on a bigger scale than anyone could imagine.

[6:25] Haphazard underwriting and an improbable US housing decline made many US financial institutions to reassure clients until the crash happened

[9:23] The ripple effects of leverage because of how out of whack rent to home price ratios were

[12:05] James fears the treasury balance sheets of G8 countries could be the cause for another meltdown.

[14:23] Central banks are creating electronic liabilities.

[16:10] What needs to be done to the banks before we can even begin to solve our underlying problems

[21:59] Printing money works until it doesn't

[22:38] Japan has many factors that are working against their long term success

[23:58] Are options on Japanese debt a good idea?

[26:05] The Waffle Street film is trending well on Netflix and is experiencing good distribution.

[27:10] James has another movie and works as a Senior Research Analyst

Website:

http://www.wafflestreetmovie.com
https://twitter.com/wafflestmovie

“It’s the layer upon layer of leverage which creates instability in the housing market.”

Jason Hartman and Gary Pinkerton break down the article, 27 Charts That Will Change How You Think About the American Economy. The charts document changes in the US economy in regards to things like productivity, demographics or inflation. They also highlight the impact of people working past the social security mandated retirement age, service jobs versus labor jobs, and the opportunity presently presented to real estate investors based on the number of Americans with disposable income.

Key Takeaways:

[3:40] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast.

[5:57] The 27 Charts that will change how you think about the American economy article, by Timothy Lee.

[10:07] Service Industry growth is a clear indicator of progress and higher standard of living.

[13:59] Labor force numbers have been declining since 2000

[16:30] The urban growth in real estate

[21:05] Chart #19 shows inflation-adjusted home prices.

[26:18] Construction costs have not kept up with housing prices

[30:42] The American idea of retirement has changed

Websites:

www.venture-alliance.com www.vox.com/new-money/2016/10/10/12933426/27-charts-changing-economy

Jason Hartman and Gary Pinkerton break down the article, 27 Charts That Will Change How You Think About the American Economy. The charts document changes in the US economy in regards to things like productivity, demographics or inflation. They also highlight the impact of people working past the social security mandated retirement age, service jobs versus labor jobs, and the opportunity presently presented to real estate investors based on the number of Americans with disposable income.

Key Takeaways:

[3:40] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast.

[5:57] The 27 Charts that will change how you think about the American economy article, by Timothy Lee.

[10:07] Service Industry growth is a clear indicator of progress and higher standard of living.

[13:59] Labor force numbers have been declining since 2000

[16:30] The urban growth in real estate

[21:05] Chart #19 shows inflation-adjusted home prices.

[26:18] Construction costs have not kept up with housing prices

[30:42] The American idea of retirement has changed

Websites:

www.venture-alliance.com
www.vox.com/new-money/2016/10/10/12933426/27-charts-changing-economy

Jason Hartman talks with James A. Runde, investment banker and independent corporate director. He is the longest-serving investment banker at a single U.S. firm, currently standing at 42 years with Morgan Stanley. He is best known for advising UPS to go public, a move that has worked out quite nicely for the company.

Alongside his role as investment banker, Jim began educating other bankers about emotional intelligence quotient (EQ). His new book, Unequaled, dives into this topic.

Key Takeaways:

[2:38] How the markets and technology have changed in the 42+ years James has been in finance

[6:54] How you can strengthen your EQ as opposed to your IQ

[10:52] The importance of adaptability, and how everything changes when you go into the workplace

[13:04] James' opposite route that he takes at networking events

[17:10] How emotional intelligence has had to adapt to changing technology

Website:

http://jamesrundeauthor.com Unequaled on Amazon James Runde on Wikipedia